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Warner Music Group's Fiscal Q3 Earnings Rise, Revenue Falls; Shares Up 3% Pre-Bell
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Warner Music Group's Fiscal Q3 Earnings Rise, Revenue Falls; Shares Up 3% Pre-Bell
Aug 7, 2024 5:21 AM

07:57 AM EDT, 08/07/2024 (MT Newswires) -- Warner Music Group ( WMG ) reported fiscal Q3 earnings Wednesday of $0.27 per diluted share, compared with $0.23 a year earlier.

Analysts surveyed by Capital IQ expected $0.25.

Revenue for the quarter ended June 30 was $1.55 billion, compared with $1.56 billion a year earlier. Analysts surveyed by Capital IQ expected $1.57 billion.

Shares of Warner Music Group ( WMG ) were up 3.2% in recent premarket activity.

Price: 29.00, Change: +0.89, Percent Change: +3.17

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